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<p>[QUOTE="PTrain22, post: 2096611, member: 70672"]My dealer will do the same thing. I have a strong rapport with him, been doing business for 3 years running. If dealers are invested at a certain price then they need to make money off their investment. Like you said they have overhead to pay for. Do we know that they haven't fabricated a price they claim to have purchased their wholesale at? It's a possibility. But at the end of the day they are in business to make money, and they make coin collecting cheaper, sparing you and I from shelling out on FEEBAY or retail for every coin we want. I only wish there were more dealers in my area. I guess each and every dealer has an idea over what profit margin they need to see, just like you would if you sold a coin from your collection. If the market continues to pay him X percentage over spot, then why would he/she take less when the demand is there at a higher rate? Just some food for thought...[/QUOTE]</p><p><br /></p>
[QUOTE="PTrain22, post: 2096611, member: 70672"]My dealer will do the same thing. I have a strong rapport with him, been doing business for 3 years running. If dealers are invested at a certain price then they need to make money off their investment. Like you said they have overhead to pay for. Do we know that they haven't fabricated a price they claim to have purchased their wholesale at? It's a possibility. But at the end of the day they are in business to make money, and they make coin collecting cheaper, sparing you and I from shelling out on FEEBAY or retail for every coin we want. I only wish there were more dealers in my area. I guess each and every dealer has an idea over what profit margin they need to see, just like you would if you sold a coin from your collection. If the market continues to pay him X percentage over spot, then why would he/she take less when the demand is there at a higher rate? Just some food for thought...[/QUOTE]
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